Daily Archives: January 22, 2014, 2:58 pm

Tourre Seeks Leniency in S.E.C. Case – NYTimes.com

In a court filing on Tuesday, Mr. Tourre’s lawyers attacked the Securities and Exchange Commission’s pursuit of more than $1 million in penalties, calling it “unwarranted and unjust” and “unreasonably severe.” Mr. Tourre’s lawyers are proposing something far smaller: a maximum penalty of $65,000. via Tourre Seeks Leniency in S.E.C. Case – NYTimes.com

Read More

Martoma Defense Walks a Tightrope – NYTimes.com

The trial of Mathew Martoma presents a challenge often seen in recent insider trading prosecutions: how to mount a defense denying any wrongdoing when the defendant is unlikely to testify. One way to persuade a jury to return a not-guilty verdict is by focusing on the ordinary nature of the trading to raise questions about whether any confidential information was…

Read More